SignalX Session Range Levels MT5
- Indicatori
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Ahmed Ismail Muhammad Ismail Al Talhat
SignalX — Algorithmic Trading Systems | MQL4 · MQL5 · MetaTrader 4 & 5
I build trading software I can defend line by line: Expert Advisors, indicators and utilities for MT4 and MT5 — each with hard risk controls, documented inputs, and no hidden grid or martingale.
◆ WHAT I BUILD - Versione: 1.0
- Attivazioni: 8
What this is
Draws the high and low of a configurable session window together with the recent range history, so the levels that price has repeatedly reacted to are visible without hand-drawing them every day.
What it does
Marks the high and low of a configurable session window and keeps the last N sessions on the chart as boxes, with breakout levels extended to the right and each box labelled with its range in points.
- Session structure on demand at any hour window, drawn as the actual tradable box rather than a coloured histogram.
- Runs on a single chart; it does not need to be the chart you trade from.
- No DLL calls. No external services. No network requests.
- No account, terminal, symbol or time limitation is embedded.
Inputs
| Input | Type | Default |
|---|---|---|
| InpStartHour | int | 0 |
| InpEndHour | int | 8 |
| InpHistory | int | 20 |
| InpDrawBreakout | bool | true |
| InpBreakoutBars | int | 24 |
| InpLabelRanges | bool | true |
| InpHighColor | color | clrTomato |
| InpLowColor | color | clrDodgerBlue |
| InpCurrentColor | color | C'232,181,75' |
| InpShowSummary | bool | true |
How to use it
- Attach the indicator to a chart; it draws itself and needs no other file.
- Set the inputs to match how you read the chart. Defaults are deliberately plain.
- Nothing is sent anywhere: it reads the chart it sits on and writes only to that chart.
- Test on a demo account first. That is not a formality; the defaults are not tuned to your broker.
Notes
- Written for MetaTrader 5, any broker. It uses only standard platform functions; no DLL, no external library.
- Coexists with other tools on the same account; it only touches what you point it at.
- It performs management and measurement only; it does not generate trading signals.
Honest limits
- This is a tool, not a strategy. It does not predict anything and it cannot make a losing method profitable.
- No performance figures are published for it because tools of this kind do not have a meaningful backtest curve of their own.
- If your broker quotes oddly (very wide spreads, non-standard tick values) verify the sizing on a demo account before using real funds.
Trading involves risk of loss. Nothing here is financial advice.
